After New York-based MCC faced vociferous opposition to its original internal merger proposal, the firm reworked its offer and is moving ahead with an altered proposal.
1 min read · 06 January 2020
Unitranches, mid-market CLO issuance and leverage are all topics that could be big in the new year.
3 min read · 03 January 2020
Some sectors are already struggling as the global economy begins to slow down while others are booming and fund managers will need to know how to spot opportunities in both camps, according to Baird’s Paul Bail
3 min read · 30 December 2019
Aircraft leasing has become a more crowded area as the sector has garnered more attention from larger asset managers.
2 min read · 23 December 2019
Independent sponsors, once known as fundless sponsors, have proliferated in recent years as they shed a reputation for inability to deliver, and have appealed to LPs wanting to commit capital to individual deals.
1 min read · 18 December 2019
The merger would, as of the end of the third quarter, produce a BDC with investments and commitments of $3.25bn.
2 min read · 10 December 2019
The transaction is just the latest in a string of mergers that are slowly reshaping private credit.
3 min read · 09 December 2019
Market sources tell us of some aggressive practices being undertaken by lenders at the smaller end of the market.
3 min read · 05 December 2019
The role of private and non-bank lenders in financing small and medium-sized enterprises is diminishing because of mounting stress signals and perceived risks, reports Adalla Kim
5 min read · 05 December 2019